Modelling of the Applied Research Diversification in the High-Tech Industry

Abstract

The optimal research and development program should be formed taking into account the risks and uncertainties inherent in scientific research, as well as the limitations on available resources. The paper offers tools based on the consideration of market and integration risks to ensure the assessment the expediency of diversifying the areas of possible application of the developed technological complexes. The paper considers the economic validation problem of the advantages of this approach in comparison with the option of making a decision to create particular product samples at the early stages of research and development.